Obamacare & Adverse Selection

indahook · Mar 25, 2010

I much prefer optimism these days. So I am hoping runningbear is spot on.

Quote from Runningbear:

You're kidding yourself. The system is in place in dozens of countries and works extremely well.

In Australia, were I live, you pay 1% of your salary to cover medicare and everyone has access to decent healthcare - everyone for free.

If you earn over 50K and don't have private heath insurance, you get taxed another $500, which is about the cost of private health care for a single person.

So 99% of people with good salaries opts in. By going private, you get to choose your own doctor or surgeon - and you get private rooms for hospital stays.

With this system, everyone has access to healthcare. Getting sick doesn't bankrupt anyone. And if you want really top line cover, you insure for extras and pay a slightly higher premium.

It's a much better system than what you have now.

Don't be so dogmatic. The status quo wasn't working. Anything will be better than what you had.

We haven't had a medical insurer go bankrupt in the 30 year time the system has been in place.

Runningbear

Index piker · Mar 25, 2010

Quote from hermit:

Just because you are going to hide cost as taxation does not mean prices will fall. Actually it's almost axiomatic to raise expenses due to the "free" nature to the consumer.

Scataphagos · Mar 25, 2010

Quote from Runningbear:

"... You guys crack me up. You vote in a new president who promises change, then when they get it in, you get pissed off when they change things.

The reason we're pissed is because he's a LYING COCKSUCKER! Campaigned on the promise of "co-operation, bi-partisanship, transparency, centrist moderation to solving problems, correct the "Bush wrongs".

Then, after he gets into office, promotes a "FUCK YOU AMERICA. I'M THE ONLY ONE THAT MATTERS, AND I PRESSING MY EXTREME LEFTIST, R-A-D-I-C-A-L AGENDA... NO MATTER HOW MUCH YOU HATE IT... NO MATTER HOW MUCH IT DAMAGES AMERICA, YOUR CHILDREN, AND GRANDCHILDREN"...

We were lied to... we were HAD... SUCKED IN... THAT'S why we're pissed.

We trusted a con man... and we're getting hosed as what always happens when you trust a lying thief.

:mad:

Scataphagos · Mar 25, 2010

Quote from indahook:

I much prefer optimism these days. So I am hoping runningbear is spot on.

Grandpa's Wisdom... "Hope in one hand, shit in the other... guess which gets filled up first"

Ricter · Mar 25, 2010

Come on, grandpa. Even as fast as you can shit yourself, I can hope faster that you've got your diaper on.

rcaldwell · Mar 25, 2010

Quote from fkbsuhites:

they're pissed a black man is in charge. the nonsense they spout shouldn't fool anyone. Most of the nutwings posting on here are lowlifes in real life.

He is not a black man. His mother was white.

OPTIONAL777 · Mar 25, 2010

Bombastic...

Quote from Scataphagos:

The reason we're pissed is because he's a LYING COCKSUCKER! Campaigned on the promise of "co-operation, bi-partisanship, transparency, centrist moderation to solving problems, correct the "Bush wrongs".

Then, after he gets into office, promotes a "FUCK YOU AMERICA. I'M THE ONLY ONE THAT MATTERS, AND I PRESSING MY EXTREME LEFTIST, R-A-D-I-C-A-L AGENDA... NO MATTER HOW MUCH YOU HATE IT... NO MATTER HOW MUCH IT DAMAGES AMERICA, YOUR CHILDREN, AND GRANDCHILDREN"...

We were lied to... we were HAD... SUCKED IN... THAT'S why we're pissed.

We trusted a con man... and we're getting hosed as what always happens when you trust a lying thief.

MohdSalleh · Mar 25, 2010

yes healthcare costs will rise above the board as insurers are forced to absorb those with pre existing conditions, that is why in the near future, obama will "fix" this by introducing the single payer universal healthcare system, this is only the first salvo

maxpi · Mar 25, 2010

Quote from kxvid:

Interesting article on obamacare:
http://www.businessinsider.com/the-...obamacare-and-ripping-off-the-taxpayer-2010-3

One other thing to consider:
The healthcare bill does not make it illegal for an insurer to discriminate against people with preexisting conditions. It does make it illegal for an insurer to discriminate against people signing up for a "qualified health insurance plan" (ie, government approved insurance).

The bill is likely to create a two tiered insurance marketplace. One tier being people with qualified health insurance, the second tier non qualified health insurance (ie: health insurance that isn't govt approved and subject to uninsured taxes). Non qualified health insurance is likely to have lower premiums and better coverage due to insurers being able to guard against adverse selection.

http://docs.house.gov/rules/health/111_ahcaa.pdf

The two tiered thingy is the only possible outcome. On one hand you have productive people that can buy good insurance, on the other you have entitlement whiners that can't buy diddly but want the productive people to pay for their insurance... The politicians can keep everybody happy with a two-tiered system.

Ricter · Mar 25, 2010

Quote from maxpi:

The two tiered thingy is the only possible outcome. On one hand you have productive people that can buy good insurance, on the other you have entitlement whiners that can't buy diddly but want the productive people to pay for their insurance... The politicians can keep everybody happy with a two-tiered system.

You forgot the third tier, the non-productive, extremely wealthy people.